There is no cap on the amount of the loan, which will help advisers reach QCF Level 4.

The funding, for Tenet members and non-members, will be based on the cost of the particular learning programme used by the individual.

It will cover the cost of any refresher courses or face-to-face support, and the total must be repaid by the adviser over a 12-month period.

Tenet is also offering subsidised training programmes with options including online and face-to-face training, while the company also recently launched a mentoring service, giving advisers support as they go through their exams.

Keith Richards, group distribution and development director at Tenet, said: "Acting sooner regarding qualifications will help to mitigate the pressure felt by many advisers and it is therefore important we provide additional mechanisms to encourage and support a move from intent to action.

"Advisers are busy enough dealing with day-to-day business matters, so once they agree to proceed all of the administration is taken care of for them. Even the decision-making in terms of qualification routes is supported, to ensure the whole journey is as stress-free as possible."

Welcome to our complete remortgaging guide for the intermediary market, in association with Barclays, mortgages from Woolwich.
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